Top fund manager warns of risks in mid-cap, small-cap SIP investments, advises large-cap alternatives.

S Naren, a top fund manager at ICICI Prudential Mutual Fund, warned investors about the risks of investing in mid-cap and small-cap stocks through SIPs. He cited high valuations and suggested that such investments may not yield returns unless held for very long periods. Naren recommended considering large-cap, flexi-cap schemes, or hybrid funds instead. Radhika Gupta, CEO of Edelweiss Mutual Fund, countered by urging a balanced approach and long-term investment strategies, emphasizing the importance of liquidity and selecting good fund managers.

1 month ago
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